---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-006963"
form_type: "8-K"
ticker: "FWDI"
cik: "0000038264"
company_name: "Forward Industries, Inc."
filed_at: "2025-09-15T23:59:59+00:00"
generated_at: "2026-05-17T06:41:20.282019+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Forward Industries spends $1.58B to acquire 6.8M Solana tokens at $232 avg price

## Summary
- Initial SOL purchases total 6,822,000 tokens at an average of $232 per SOL.
- Total cost approximately $1.58 billion, disclosed in a September 15, 2025 press release.
- No details on funding source, intended use, or holding period provided by the company.

## SEC filing metadata
- accession: 0001683168-25-006963
- form_type: 8-K
- ticker: FWDI
- cik: 0000038264
- company_name: Forward Industries, Inc.
- filed_at: 2025-09-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38264/000168316825006963/0001683168-25-006963-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38264/000168316825006963/forward_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-006963
- JSON: https://secwatch.observer/filing/0001683168-25-006963.json
- Plain text: https://secwatch.observer/filing/0001683168-25-006963.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.